What is DA Davidson’s Forecast for FCF Q1 Earnings?

First Commonwealth Financial Co. (NYSE:FCF) – Research analysts at DA Davidson issued their Q1 2025 EPS estimates for First Commonwealth Financial in a research report issued to clients and investors on Friday, January 31st. DA Davidson analyst M. Navas forecasts that the bank will post earnings per share of $0.32 for the quarter. DA Davidson has a “Buy” rating and a $21.00 price objective on the stock. The consensus estimate for First Commonwealth Financial’s current full-year earnings is $1.43 per share.

First Commonwealth Financial (NYSE:FCF) last released its quarterly earnings data on Tuesday, January 28th. The bank reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.01). First Commonwealth Financial had a net margin of 20.38% and a return on equity of 10.43%.

Other analysts have also recently issued reports about the company. Piper Sandler lowered their target price on First Commonwealth Financial from $17.00 to $16.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Royal Bank of Canada restated an “outperform” rating and set a $20.00 price objective on shares of First Commonwealth Financial in a report on Thursday. StockNews.com cut shares of First Commonwealth Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, January 29th. Keefe, Bruyette & Woods increased their target price on First Commonwealth Financial from $18.00 to $20.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Finally, Stephens restated an “overweight” rating and issued a $21.50 price target on shares of First Commonwealth Financial in a report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $19.58.

First Commonwealth Financial Stock Down 0.1 %

Shares of First Commonwealth Financial stock opened at $16.69 on Monday. The company has a market capitalization of $1.70 billion, a P/E ratio of 12.01 and a beta of 0.88. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.92 and a quick ratio of 0.92. The business has a 50-day moving average of $17.34 and a two-hundred day moving average of $17.17. First Commonwealth Financial has a 1 year low of $12.41 and a 1 year high of $19.96.

First Commonwealth Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.12%. First Commonwealth Financial’s dividend payout ratio is 37.41%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Sanctuary Advisors LLC increased its stake in shares of First Commonwealth Financial by 4.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 15,623 shares of the bank’s stock worth $268,000 after purchasing an additional 633 shares during the last quarter. Natixis Advisors LLC grew its holdings in First Commonwealth Financial by 5.9% during the third quarter. Natixis Advisors LLC now owns 15,882 shares of the bank’s stock worth $272,000 after purchasing an additional 883 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in First Commonwealth Financial by 6.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 19,383 shares of the bank’s stock worth $332,000 after buying an additional 1,112 shares during the last quarter. Farther Finance Advisors LLC raised its stake in First Commonwealth Financial by 2,572.6% in the third quarter. Farther Finance Advisors LLC now owns 1,657 shares of the bank’s stock valued at $28,000 after buying an additional 1,595 shares during the period. Finally, CWM LLC lifted its position in shares of First Commonwealth Financial by 92.0% in the third quarter. CWM LLC now owns 3,830 shares of the bank’s stock valued at $66,000 after buying an additional 1,835 shares during the last quarter. 72.58% of the stock is currently owned by institutional investors.

About First Commonwealth Financial

First Commonwealth Financial Corporation, a financial holding company, provides various consumer and commercial banking services in the United States. Its consumer services include personal checking accounts, interest-earning checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine (atm) services, as well as internet, mobile, and telephone banking services.